16 West 16th Street, Unit 2LN
Description
Peaceful Oasis in the Heart of the City.
Just a few steps away from 5th avenue and the bustling city center of Union Square, welcome home to your massive, pin-drop quiet, one bedroom sanctuary. Right outside your windows, enjoy green lush views facing the building's tranquil landscaped courtyard!
Upon entering the home, you see a sprawling oversized living area that comes complete with entry foyer, home office, dining area, and big living room. The kitchen is...*All Showings Require an Appointment*
Peaceful Oasis in the Heart of the City.
Just a few steps away from 5th avenue and the bustling city center of Union Square, welcome home to your massive, pin-drop quiet, one bedroom sanctuary. Right outside your windows, enjoy green lush views facing the building's tranquil landscaped courtyard!
Upon entering the home, you see a sprawling oversized living area that comes complete with entry foyer, home office, dining area, and big living room. The kitchen is a chef's dream with ample space to move around, best-in-class stainless steel appliances, stone counters, glass tiled walls, custom cabinetry, and hardwood floors.
The primary bedroom can easily accommodate a King-sized bed and has a walk-in closet that must be seen to be believed. The bathroom features custom tiles and a marble sink with a glass-enclosed bathtub.
16 West 16th Street, known as "The Chelsea Lane," is a full-service building, providing residents with amenities such as a 24-hour doorman, live-in super, on-site management and maintenance staff, a parking garage, laundry facilities, a storage room, and bike storage.
Join one of the city's most desired cooperative buildings! Well run and well managed, you'll benefit from low maintenance charges, excellent financials, and a strong reserve fund. You'll enjoy the beautiful brand new hallways and immaculate lobby. Pets are allowed with board approval. Pied-a-terre, co-purchasing, and parents buying for employed children allowed. 20% down required for financing.
Prime location with Union Square Farmers Market, Trader Joe’s, Whole Foods, Flatiron's world class shopping, and some of the best restaurants the city has to offer, all within a few blocks. Along with easy access to major transportation hubs, with nearby subway and train options 4/5/6, N/R/Q/W, L, F/M 1/2/3, and PATH trains as well as Citibike around the corner!
2LN is the dream one bedroom you've been waiting for. Can show with 24HR notice.
Listing Agents
![Alex Mahgoub]()
Alex Mahgoub
Listing Agent
![Martin Eiden]()
Martin Eiden
Alternative Listing Agent
Recent comparable sales
Median sold price
$877,500
Avg days on market
123
Sale-to-list ratio
98.2%
Manhattan, NY
9 comparable properties found
$937,500
Sold 02/19/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$822,000
Sold 09/25/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$830,000
Sold 04/30/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$940,000
Sold 03/03/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$877,500
Sold 07/02/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$820,000
Sold 03/09/26
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$925,000
Sold 09/29/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$890,000
Sold 08/14/25
- 1
- Bedrooms
- 1
- Bathrooms
- Unavailable
- Square Feet
- Unavailable
- Acres
$831,000
Sold 08/20/25
- 1
- Bedrooms
- 1
- Bathrooms
- 800
- Square Feet
- Unavailable
- Acres
Amenities
- Doorman
- Full-Time Doorman
- Common Garden
- Elevator
- Laundry in Building
- Bike Room
- Common Storage
- Garage
- Midrise
- Parking Included
- Pet Friendly
- Highrise
Location
Payment Calculator
$5,578 per month
30 year fixed, 6.55% Interest
$4,346
$0
$1,232
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 16 West 16th Street, Unit 2LN
- Min. Down Pymt: 20%
- Total Rooms: 3.0
- MLS Type: Co-op
- County: New York County
- Buyer's Agent Compensation: 2.5%
- Building/Complex: Chelsea Lane
- Floor: 2
- Stories: 14
- Residences: 489
- Pet Policy: Allowed
- Pet Policy Details: With board approval
- Year Built: 1964
- Building Age: Post-war
- Building Type: Midrise
Property History for 16 West 16th Street, Unit 2LN
| Date | Event & Source | Price |
|---|---|---|
| 09/06/2024 | Sold Manual | $855,000 |
| 09/05/2024 | $855,000 +0.2% / yr | |
| 06/21/2024 | Contract Signed Manual | — |
| 06/05/2024 | Price Change Manual | $849,000 |
| 05/01/2024 | Price Change Manual | $865,000 |
| 04/01/2024 | Price Change Manual | $890,000 |
| 03/01/2024 | Listed (Active) Manual | $915,000 |
| 10/30/2014 | $835,000 | |
| 10/30/2014 | $835,000 +6.4% / yr | |
| 07/21/2014 | $790,000 | |
| 01/12/2012 | Sold RealPlus #21c0904c6c2f8d0574db6908950d01ed527c7f0c | $702,000 |
| 01/12/2012 | $702,000 | |
| 10/12/2011 | Contract Signed RealPlus #21c0904c6c2f8d0574db6908950d01ed527c7f0c | $689,000 |
| 09/08/2011 | Listed (Active) RealPlus #21c0904c6c2f8d0574db6908950d01ed527c7f0c | $689,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 16 West 16th Street, Unit 2LN
Schools near 16 West 16th Street, Unit 2LN
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Sixth Avenue Elementary School PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Jhs 104 Simon Baruch Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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$1,575,000
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 16 West 16th Street, Unit 2LN, Flatiron | $855,000 | 1 | 1 | – | – |
$750,000 | 1 | 1 | – | – | |
$1,350,000 | 1 | 1 | 1,000 | – | |
$1,650,000 | 2 | 2 | – | – | |
$745,000 | 1 | 1 | 600 | – | |
$2,120,000 | 3 | 2 | – | – | |
$770,000 | Alcove | 1 | – | – | |
$950,000 | 1 | 1 | – | – | |
$962,500 | 1 | 1 | 309 | – | |
$825,000 | 1 | 1 | – | – | |
$812,000 | 1 | 1 | – | – | |
$950,000 | 1 | 1 | – | – | |
$625,000 | 1 | 1 | – | – | |
$1,150,000 | 2 | 1 | – | – | |
$926,000 | 1 | 1 | 800 | – | |
$999,000 | 1 | 1 | – | – |
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.